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The pound (sign: £) is the main unit of sterling, [ 4 ] and the word pound is also used to refer to the British currency generally, [ 5 ] often qualified in international contexts as the British pound or the pound sterling. [ 4 ] Sterling is the world's oldest currency in continuous use since its inception. [ 6 ]
The £ grapheme in a selection of fonts. The pound sign (£) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England. The same symbol is used for other currencies called pound, such as ...
It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin expression lībra pondō, in which lībra is a noun meaning 'pound' and pondō is an adverb meaning 'by weight'. 1 2 The currency's symbol is '£', a stylised form of the blackletter 'L' ( ) (from libra), crossed to ...
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, according to national convention: before, between or after the numeric amounts: €2.50, 2,50€ and 250.
6d. £0.025. 1547–1970; circulated from 1971 to 1980 with a value of two and a half decimal pence. Also called "tanner", sometimes "tilbury", [ 5 ] or "joey" after the groat was no longer in circulation. [citation needed] Shilling. 1/-. £0.05. 1502–1970, circulated from 1971 to 1990 with a value of five decimal pence.
The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha. The Bank of England has a legal monopoly of banknote issuance in England and Wales.
There are 29 currencies currently used in the 50 countries of Europe. All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 25 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ...
Examples of the standard reverse designs minted until 2008. Designed by Christopher Ironside (£2 coin is not shown).. The standard circulating coinage of the United Kingdom, British Crown Dependencies and British Overseas Territories is denominated in pennies and pounds sterling (symbol "£", commercial GBP), and ranges in value from one penny sterling to two pounds.